DLNG Earnings Prediction
The chart below shows how DLNG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DLNG sees a -0.80% change in stock price 10 days leading up to the earnings, and a +0.93% change 10 days following the report. On the earnings day itself, the stock moves by +1.54%. This data can give you a slight idea of what to expect for the next quarter's release.
DLNG Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
37.62M
-0.10%
-1.16%
Gross Margin
55.96%
1.29%
-0.97%
Operating Margin
50.04%
2.96%
-1.52%
Net Margin
28.47%
--
-7.80%
EPS
0.29
-25.64%
-9.38%
No Data Available
DLNG Earnings Analysis
DYNAGAS LNG PARNERS LP Corporation (DLNG.N) Earnings Conference Call
Positive
Net Income and Earnings Per Unit: For the second quarter of 2024, we reported net income of $10.7 million and earnings per common unit of $0.20.
Adjusted Net Income Summary: Our adjusted net income stood at $12.4 million, translating to adjusted earnings per common unit of $0.25.
Adjusted EBITDA Achievement: Our adjusted EBITDA for the same period reached $28.6 million.
LNG Carrier Lease Agreement: We were pleased with the conclusion of the new lease financing agreement with China Development Bank Financial Leasing for four of our LNG carriers.
Fleet Utilization Achievement: We maintained 100% scheduled fleet utilization during the second quarter.
Negative
Net Income Decline: For the second quarter of 2024, we reported net income of $10.7 million and earnings per common unit of $0.20, which is a decrease from $11.75 million reported for the first quarter of this year.
Operating Income Decline: Operating income for the second quarter is $18.8 million, a 2.6% decrease from the $19.3 million during the prior quarter.
EBITDA Decline Analysis: Adjusted EBITDA for the second quarter was $28.6 million compared to $29 million in the first quarter, indicating a decline in operational profitability.
Quarterly Net Income Decline: Net income for the second quarter is $10.7 million or $0.20 per common unit, which is slightly lower from the $11.75 million reported for the first quarter of this year.
Average TCE Decline: Our average TCE of $67,300 per day is down from $68,100 in the first quarter across our fleet of six vessels affected by a small negative variation in the variable portion of the revenues.
DLNG FAQs
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DLNG Earning Call Sentiment
Dynagas LNG Partners LP Common Units (DLNG) Q2 2024 Earnings Call Transcript
1.0x
00:00
00:00
DLNG.N
-3.08%Positive
The earnings call presents a mixed picture: positive aspects include significant debt reduction and stable contracted backlog, but financial metrics like net income and EBITDA have slightly declined. The Q&A session did not raise new concerns, but competitive pressures and potential regulatory issues loom. The lack of immediate shareholder return details and increased interest expenses also weigh on sentiment. Overall, these factors suggest a neutral stock price movement, with no strong catalysts for a significant change in the next two weeks.